RNC Capital Management LLC Sells 869 Shares of Microsoft Corporation $MSFT

RNC Capital Management LLC reduced its holdings in Microsoft Corporation (NASDAQ:MSFT) by 1.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 69,894 shares of the software giant’s stock after selling 869 shares during the quarter. RNC Capital Management LLC’s holdings in Microsoft were worth $34,766,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Forum Financial Management LP boosted its holdings in Microsoft by 0.3% in the second quarter. Forum Financial Management LP now owns 81,202 shares of the software giant’s stock valued at $40,391,000 after acquiring an additional 269 shares in the last quarter. Ethic Inc. lifted its position in shares of Microsoft by 6.7% in the 2nd quarter. Ethic Inc. now owns 684,901 shares of the software giant’s stock worth $339,670,000 after purchasing an additional 43,217 shares during the period. Pacific Wealth Management boosted its stake in shares of Microsoft by 45.0% during the 2nd quarter. Pacific Wealth Management now owns 948 shares of the software giant’s stock valued at $472,000 after purchasing an additional 294 shares in the last quarter. White Lighthouse Investment Management Inc. increased its position in shares of Microsoft by 4.4% during the second quarter. White Lighthouse Investment Management Inc. now owns 6,762 shares of the software giant’s stock valued at $3,363,000 after buying an additional 284 shares during the period. Finally, Meadow Creek Wealth Advisors LLC raised its stake in Microsoft by 4.5% in the second quarter. Meadow Creek Wealth Advisors LLC now owns 12,306 shares of the software giant’s stock worth $6,121,000 after buying an additional 527 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Microsoft

In related news, insider Bradford L. Smith sold 38,500 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $518.64, for a total transaction of $19,967,640.00. Following the sale, the insider directly owned 461,597 shares of the company’s stock, valued at $239,402,668.08. This trade represents a 7.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Satya Nadella sold 149,205 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $504.78, for a total value of $75,315,699.90. Following the completion of the transaction, the chief executive officer directly owned 790,852 shares of the company’s stock, valued at approximately $399,206,272.56. This trade represents a 15.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on MSFT shares. Robert W. Baird initiated coverage on Microsoft in a research report on Friday, November 14th. They set an “outperform” rating and a $600.00 price objective on the stock. Citigroup upped their price target on Microsoft from $682.00 to $690.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Mizuho downgraded Microsoft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Barclays restated an “overweight” rating and set a $625.00 target price on shares of Microsoft in a report on Friday, August 29th. Finally, Rothschild Redb lowered shares of Microsoft from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $634.33.

Microsoft Stock Performance

Shares of Microsoft stock opened at $472.12 on Friday. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $555.45. The firm’s 50-day moving average is $512.88 and its 200 day moving average is $498.82. The stock has a market cap of $3.51 trillion, a price-to-earnings ratio of 33.58, a PEG ratio of 2.36 and a beta of 1.02. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, October 29th. The software giant reported $4.13 earnings per share for the quarter, beating analysts’ consensus estimates of $3.65 by $0.48. The business had revenue of $77.67 billion during the quarter, compared to analyst estimates of $75.49 billion. Microsoft had a net margin of 35.71% and a return on equity of 33.47%. Microsoft’s revenue was up 18.4% compared to the same quarter last year. During the same period last year, the business earned $3.30 EPS. Microsoft has set its Q2 2026 guidance at EPS. Sell-side analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be given a $0.91 dividend. This is a boost from Microsoft’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $3.64 annualized dividend and a yield of 0.8%. Microsoft’s payout ratio is currently 25.89%.

Microsoft Company Profile

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.